Stablecore, a digital asset infrastructure firm, has joined the Jack Henry Fintech Integration Network. This move enables approximately 1,670 banks and credit unions utilizing Jack Henry's core processing and digital banking technology to offer stablecoin and tokenized asset services. The integration connects blockchain-based products to traditional core banking infrastructure, allowing participating institutions to deploy stablecoin accounts with 24/7 payment capabilities. Services will include crypto on- and off-ramps, digital asset-backed lending, and staking features. Embedding these services within existing banking applications aims to reduce reliance on standalone wallets and external crypto platforms, aligning with the growing demand for compliant, onchain cash-management tools.
This development follows Stablecore's $20 million funding round and the passage of the US GENIUS Act, establishing a federal framework for payment stablecoins. The trend toward integrating digital asset services into regulated financial channels is accelerating, with companies like Modern Treasury and asset managers like Fidelity Investments introducing similar capabilities. These advancements signal a significant shift towards modernizing cross-border payments and liquidity management within the traditional financial sector.